Curtiss-Wright Awarded $7.2 Million Contract From Boeing

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Curtiss-Wright Awarded $7.2 Million Contract From Boeing Motion Control Segment to Supply Proprietary Aircraft Canopy Actuators for F/A-18 ROSELAND, N.J., Dec. 1 /PRNewswire-FirstCall/ -- Curtiss-Wright Corporation (NYSE: CW; CW.B) has received a new contract from The Boeing Company to supply proprietary aircraft canopy actuators for the F/A-18 Super Hornet. The contract is valued at up to $7.2 million over a five-year-period at current projected aircraft production levels. Curtiss-Wright's proprietary actuator, which is used to open and close the aircraft's canopy, was chosen because of its unique low-weight and low-cost design, which will enable some commonality of parts on both the "E" (single-seat) and "F" (dual-seat) versions of theSuper Hornet. "Our ability to design highly integrated subsystems and components is a great advantage for our customers because it provides better cost structures," said Martin R. Benante, Chairman and CEO. "We are very pleased that Boeing has chosen us for this important defense contract." Curtiss-Wright's Motion Control segment will manufacture the components at its Shelby, N.C. facility. Development work has begun on the program and product shipments, which include both original equipment and spares, are expected to begin in 2005. The combat-proven F/A-18E/F Super Hornet is a single -- and dual -- seat, twin-engine multi-mission tactical aircraft. Today, the Super Hornet is in service with the U.S. Navy. Boeing leads the nationwide industry team that builds the Super Hornet. In addition to the Super Hornet Curtiss-Wright supplies content on a number of military and commercial aerospace programs through its Motion Control segment. About Curtiss-Wright Curtiss-Wright Corporation is a diversified company headquartered in Roseland, New Jersey. The Company designs, manufactures and overhauls products for motion control and flow control applications, and provides of metal treatment services. The firm employs approximately 5,500 people worldwide. More information on Curtiss-Wright can be found on the Internet at http://www.curtisswright.com/. About Curtiss-Wright Controls, Inc. Headquartered in Gastonia, North Carolina, Curtiss-Wright Controls, Inc. is the Motion Control segment of Curtiss-Wright Corporation. With manufacturing facilities around the world, Curtiss-Wright Controls is a leading technology-based organization providing niche motion control products, embedded computers, subsystems and services internationally. For more information, visit http://www.cwcontrols.com/. Forward-looking statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities and Exchange Act of 1934, as amended, for further information. DATASOURCE: Curtiss-Wright Corporation CONTACT: Alexandra M. Deignan of Curtiss-Wright Corporation, +1-973-597-4734 Web site: http://www.curtisswright.com/ http://www.cwcontrols.com/

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